New York's main futures contract, light sweet crude for delivery in May, slid 1.20 dollars to 47.95 dollars a barrel in afternoon trade after falling below the 50-dollar mark at the close of US trade on Tuesday. Brent North Sea crude for May delivery shed 1.08 dollars to 50.14 dollars. A weak showing on Wall Street and a stronger US dollar were among the factors pulling energy prices down, analysts said. |
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